Manking Personal Finance Easy
Desperation engulfed global markets on Thursday after the US Federal Reserve signaled a slower rate cut, sending Indian shares lower for a fourth day in a row. Markets are now awaiting the start of the annual Santa Claus rally, when stocks tend to rise during the Christmas and New Year holidays. While the Fed cut…
Despite a 28 percent increase in gold prices this year, the World Gold Council (WGC) expects Indian gold consumption to remain within the expected range of 700-750 tonnes. “Even if you just take the 100 percent of November 2024 imports (officially estimated at 173 tonnes), we will achieve our forecast of 700-750 tonnes,” said Sachin…
Stock Market News Today Live Updates: In an ever-evolving financial world, it is crucial to stay on top of stock market trends. Our stock market news provides real-time updates, insightful analysis and in-depth coverage of the global financial landscape. From big index moves and corporate profits to economic indicators and geopolitical events, we deliver the…
Industry bodies have approached the government to probe the surge in gold imports in November as they suspect an error may have crept into the data calculation as the figures are much higher than expected, sources said. “The government is investigating the matter and checking the data to see if there has been double counting,…
Ventive Hospitality Limited raised ₹719.5 crore from anchor investors ahead of the public issue, according to a stock exchange filing by the company on Thursday, December 19. The luxury hospitality provider has allotted 1,11,90,513 or 1.11 crore equity shares to the anchor investors at an allotment price of ₹643 per share, with a face value…
Brokerage firm Zerodha has launched a margin trading facility for its users. “I don’t know if it is a good time with the markets falling, but we are finally launching MTF (margin trading facility) through which you can buy shares for delivery by borrowing money from us,” said Nikhil Kamath, Founder. Kamath said on X…
2024 has been a year full of twists and turns for investors, marked by volatile markets, geopolitical events and evolving global dynamics. If you’ve been wondering how to navigate uncertainty, this year offered a masterclass in what it takes to stay ahead in the game. Here are some key insights from 2024 that could redefine…
IoTechWorld Avigation, one of India’s largest drone manufacturers, has developed a process to directly spray and sow seeds of paddy, chilli and various vegetables, say the company’s co-founders Deepak Bhardwaj and Anoop Upadhyay. “Sowing is a difficult process when it comes to rice. That’s why we developed a process to broadcast paddy seeds directly. They…
Dec 19 (Reuters) – Shares of Micron Technology tumbled 15% in premarket trading on Thursday after a gloomy forecast that pointed to pressure from weak demand for personal computers and smartphones, fueling a solid rise in sales of AI-related chips were overshadowed. The market for dynamic random access memory (DRAM) chips, the company’s biggest revenue…
Zydus Lifesciences Limited has received final approval from the U.S. Food and Drug Administration (USFDA) for the production of Lidocaine and Prilocaine Cream USP, 2.5 percent/2.5 percent, the company announced today. The cream, a generic version of EMLA Cream, will be manufactured at the company’s local manufacturing facility in Changodar, Ahmedabad. Shares of Zydus Lifesciences…
